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Panattoni has won financing for the development of its latest development in Western Pomerania. The €20 mln loan was granted by mBank. Panattoni Park Szczecin V will comprise 30,000 sqm of which around a third has already been leased to a client from the food and hospitality sector.
CPI Property Group (CPIPG) has sold a 50% stake in eight Czech hotels. This move comes alongside the signing of a joint venture agreement with Best Hotel Properties.
AEW has completed the off-market acquisition of a newly built and fully let logistics asset in Hanover-Sehnde on behalf of its open-ended pan-European core fund Eurocore.
The latest acquisition of an office property at Innere Wiener Strasse 17 in Munich's Haidhausen district means that the specialised institutional real estate alternative investment fund Real I.S. SCF I is now fully invested and broadly diversified in its target country, Germany, with total investment of more than 250 million ...
Branicks has got green light for the restructuring plan from the lenders of the € 225 million promissory note loans maturing in 2024. In doing so, the promissory note loans in question are extended to June 30, 2025.
Montea acquires a logistics park with a total lettable area of 63,500 m² in Hamburg. The acquisition marks a further expansion of the company's foothold in Germany, an increasingly important market.
The Lindner Hotel Group takes over the operation of five hotels previously managed by the 12.18. Group. LHG's portfolio will grow from two to four brands. 12.18. will focus on real estate activities. Both companies consider the merger to be another milestone in their respective growth strategies.
Trident BMC will continue as a tenant in C200 Office. It has renewed and expanded its lease to occupy more than 2,200 sqm of office space. The tenant was represented during the renegotiation process by Newmark Polska.
GLP has finalised its redevelopment project in Schifferstadt, with the completion of two logistics buildings with a total area of 54,000 m². Each building has an 8,500 m² mezzanine floor and 2,000 m² of office space. The site features parking spaces for 124 cars and 35 trucks.
According to Savills research, Q1 2024 real estate investment volumes in the Czech Republic are forecast to reach approximately €350 million and European real estate investment volumes approx. €34 billion. Savills forecasts that year end investment volumes for the Czech Republic will exceed €1.5 billion and for Europe €177-18...
Aareal Bank AG has invited shareholders to its ordinary Annual General Meeting, which will be held on 3 May 2024 as a virtual meeting. A key item on the agenda will be the passing of a resolution on a squeeze-out of minority shareholders. The main shareholder, Atlantic BidCo GmbH, has further specified its transfer request an...
Regional cities in the Czech Republic are becoming an increasingly interesting alternative for investors looking for cheaper, yet high quality, office space outside of Prague. This finding comes from the latest survey by Colliers. According to the market research, net realized demand in Brno grew by 43% year-on-year, while in...
Panattoni has finalised the sale of a centre in Lower Silesia. An international real estate company has purchased Panattoni Park Wrocław West Gate with a total area of 46,900 sqm.
Panattoni BTS has supported the Centaurus Foundation for many years. Over the 16 years since its establishment, the charity has given a second chance to over 3,000 horses, 1,000 dogs as well as hundreds of cats and other creatures. As part of its support, the developer invited general contractor Commercecon to help out and th...
S Immo has signed the contract to sell the Zagrebtower to the OTP Group. The disposal is in line with S Immo's adjusted strategy of gradually withdrawing from the Croatian market.
Sonar Real Estate, acting in its capacity as asset manager, has let around 11,600 sq m of office space in three properties in Berlin. Five leases have been agreed.
Valor Real Estate Partners has made eight promotions, including that of Ben Brunschwig to Principal alongside four other senior promotions, as part of its ambition to double its AUM to €6bn+ by 2026.
Eurofund Group has appointed two new team members to strengthen its German team. Neven Grzeta, formerly of ECE, becomes CEO of Germany Retail, and Anna Lauro, formerly of Unibail Rodamco Westfield, becomes Asset Manager.